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London-based multi-asset execution, clearing and liquidity provider Sucden Financial has appointed Bruno Almeida to the newly created position of Director of Regulatory and Financial Risks, the company announced on Thursday.
Almeida, who brings nearly two decades of experience in financial services with a focus on financial risks and regulation, will join Sucden Financial as an Executive Director, pending regulatory approval. He will also serve as a member of the company's Executive Committee, overseeing exchange relationships, capital and liquidity risks.
The appointment comes as financial firms face increasing regulatory scrutiny and complex risk management challenges in a rapidly evolving market landscape.
Marc Bailey, Chief Executive Officer of Sucden Financial, commented on the appointment: "I am delighted to welcome Bruno to Sucden Financial. His extensive expertise in financial risks and prudential regulation, together with his track record at large-scale international financial services firms, will be valuable as we continue to strengthen our risk management framework, develop our technology offering, expand into new markets and deliver value to clients."
Prior to joining Sucden Financial, Almeida served as Chief Financial Officer UKMEA for FNZ Group and as Executive Director and Board member of FNZ Securities Ltd. His background also includes a stint at the Financial Conduct Authority (FCA) as a Lead Associate in the Prudential Specialists Department, where he assessed risk management practices, governance frameworks, capital and liquidity risk within firms prudentially regulated by the FCA.
Almeida's earlier career included roles at Itaú BBA International plc, where he was Head of Capital Management, and KPMG, where he audited retail banks, investment banks, and funds.
Regarding his new role, Bruno Almeida stated: "I'm excited to have joined Sucden Financial, which has a strong track record and exceptional reputation. I look forward to helping support the company as it expands its footprint and diversifies into new markets."
Sucden Financial, founded in 1973, has its roots in commodity futures and options trading and has grown into a global multi-asset execution, clearing and liquidity provider across FX, fixed income, and commodities. The company is authorised and regulated by the Financial Conduct Authority and operates as an independent trading entity, despite being supported by its parent company, Sucden, a major soft commodity trading group.
